Anti-Money Laundering

Overview

All organisations need to put in place certain controls and practices to ensure their business is not used for money laundering. Aside from this, all employees should be trained in how to spot and avoid situations where money laundering could occur. This Anti-Money Laundering e-learning course focuses on the importance of complying with anti-money laundering regulations.

In this e-learning course, users will learn how to recognise and effectively deal with attempts at money laundering when it occurs. Learners will understand the minimum checks, controls and procedures that organisations are expected to have in place and how they can ensure compliance with relevant regulations.

Outline Learning Objectives:

• Explain what constitutes money laundering and the risks to the business
• Ensure compliance with Anti-Money Laundering (AML) regulations
• Identify how money laundering works, what to look for and how to report when you have suspicions it has occurred
• Describe the role of the National Crime Agency in combating money laundering and terrorist financing
• Define the minimum checks, controls and procedures that organisations are expected to have in place
• Help your company avoid potentially costly litigation and fines

Audience:

This training is a legal requirement for all businesses that operate within the UK. It’s also practical learning for those people who deal with businesses in the UK. Therefore, this course is for everyone